traderpulse

traderpulse

The counter couldn’t sustain the break above the critical resistance of 1.11703. It was capped by the resistance and then formed a topping formation - head and shoulder pattern. Now, it has broken the neckline and hovering just below it. Hence, we expect the pair to be bearish in the near-term.

traderpulse

The counter is currently in range bound movement in the short-term charts. It hit the lower range, took support and is moving up. Hence, we expect the pair to move to the upper end of the range for now.

traderpulse Updated 

The counter is currently in range bound movement in the short-term charts. The MACD indicator is also showing signs of great negativity in the counter. Hence, we expect the pair to be bearish in the short-term.

traderpulse

The Counter is currently in a short term corrective rally. The MACD indicator has turned bullish as well. Hence, we expect the pair to be bullish in the near-term.

traderpulse

The Counter is currently in a range-bound move. It has also formed a higher high, higher low formation. Hence, we expect the pair to be bullish in the short term.

traderpulse

The resistance of 0.85099 proved to be a tough nut for the bulls. An Evening star pattern has formed at the strong resistance levels. Hence we expect the pair to be bearish in the short term.

traderpulse Updated 

The counter is currently in range-bound movement in the short-term charts. It hit the lower range, took support and is moving up. Hence, we expect the pair to move to the upper end of the range for now.

traderpulse

The counter has made a double top pattern. It has broken the neckline in the 30-min chart and is consolidating just below it. Hence, we expect the pair to bearish in the near-term.

traderpulse

The counter is currently in an ascending channel formation. Now, it is at its lower channel band and facing support. Hence, we expect the pair to be bullish in the near-term.

traderpulse

The counter has broken its short-term bearish trendline on the hourly chart. Also, the RSI indicator has signaled bottoming out by crossing the 30 level mark from below. Hence, we expect the pair to move higher from here.

traderpulse

The counter formed a bullish flag pattern & made a bullish breakout with a strong impulse candle. Hence, we expect the pair to be bullish in the short-term.

traderpulse

The counter has formed a double top pattern. The price also fell below a critical price action support level which is capping bullish rally now. Hence, we expect the pair to trade with bearish bias in the near-term.

traderpulse

The Counter is currently in a descending channel formation. It has also broken critical support of 2.00384. Hence we expect the pair to be bearish in the short term.

traderpulse

The Counter is currently trading above its daily pivot level. It has also broken a critical price action resistance of 72.445. Hence, we expect the pair to be on the Positive bias for the day.

traderpulse

The Counter is currently in a descending channel formation. The trend line also coincides with Price action resistance. Hence, we expect the pair to be bearish in the near-term.

traderpulse

The counter has made a double top pattern. It has broken the neckline and is consolidating just below it. Hence, we expect the pair to bearish in the near-term.

traderpulse

The counter has formed a head and shoulder pattern. It has broken the neckline and consolidated it in the form of a bearish flag pattern. Hence, we expect the pair to be bearish in the short-term.

traderpulse

The counter is in a bearish mode making lower highs and lower lows consistently. A trendline can also be drawn connecting the lower highs of the counter. Also, it has broken out of a bearish flag pattern. Hence we expect the pair to be bearish in the near term.